Saturday, 4 February 2017

So far if it not wrong; only two bloggers said loud and clear that NOT everybody need to become retail investors to beat inflation. Good savers who are risk averse and don't want to ride the emotion of losses or even paper losses can choose not to invest.Good savers can beat inflation by having more than enough assets for draw-down to last their lifetime.Read? He Has Retired At 58!His ex-boss told Uncle8888 that he doesn't invest in stock market anymore as he can't afford to lose anymore!

3 comments:

2 groups will do their best to "inspire" others to take up the path to financial freedom:

1) Vested interests. Duh? If not how they earn fees and commissions? Its like those who like to talk about healthy living, anti-oxidants, etc... They are trying to sell you health supplements or recruit you as their underlings in their Multi-level-marketing sales funnel ;)

2) Not vested but started their journeys from 2009 onwards. They have never been through a -50% market meltdown yet... We have.

And that's not something I wish to see people who matters to me go through. Make less is always better than lose money!

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About Me

I am 61 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and retired @ 60 from full-time job as employee.
Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 2nd year uni in SUTD.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
Cheers!
Last updated: 3 Sep 2017

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